The Palms Shopping Centre : Description Wikipedia, the free encyclopedia

The Palms Shopping Centre

Shopping mall in Christchurch, New Zealand

43°30′24.14″S 172°39′47.49″E / 43.5067056°S 172.6631917°E / -43.5067056; 172.6631917AddressCnr Marshland Road & New Brighton Road, Shirley, ChristchurchOpening date1997OwnerDiMauro GroupNo. of stores and services95^[1]No. of anchor tenants5 (Countdown, Farmers, Reading Cinema, Chemist Warehouse, The Oasis)Total retail floor area35,343 m² (380,429 ft²)No. of floors2Parking1450 (810 lighted lot, 640 multi-storey car park)Websitethepalms.co.nz

The Palms Shopping Centre is a shopping mall located in the suburb of Shirley, Christchurch. Situated 4 kilometres (2.5 mi) from the city's CBD.

Description

The mall consists of 95 retailers, including Countdown, Farmers and the first Reading Cinemas multiplex in Christchurch. In 2003, a $50 million NZD upgrade was completed, nearly doubling the size to 35,343 m² (380,429 ft²) .^[2] The entry plaza of the mall won an NZILA Silver award for landscape design in 2004.^[3]

Australian based AMP Capital had owned The Palms since 2007, when it bought the mall from Christchurch businessmen and Hallenstein Glassons directors Tim Glasson and Warren Bell. The mall was originally developed in the 1990s by Christchurch brothers Max and Glen Percasky, who own the Homebase shopping centre north of The Palms.

DiMauro Group, an Australian investor purchased The Palms for $88.8 million in 2022.^[4]

References

^ The Palms Shopping Centre : Store Directory
^ "Palms expands". New Zealand Herald. August 20, 2003. Retrieved 2007-12-09.
^ "NZILA Awards: Landscape Planning Section Citations". April 6, 2004. Retrieved 2007-12-09.
^ McDonald, Liz (23 November 2021). "New owners take over Christchurch's The Palms shopping mall". Stuff. p. A4. Retrieved 23 November 2021.